Bought goods for cash from hema traders
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Answered by
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Hello there.
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The journal entry for bought goods for cash from hema traders will be:-
purchase account. Dr
To cash account
(being goods purchased for cash).
Purchasing goods means increasing in assets results in debit in purchase account, and cash is decreasing so it ll be credited.
________*___________________________
________________________________________________
The journal entry for bought goods for cash from hema traders will be:-
purchase account. Dr
To cash account
(being goods purchased for cash).
Purchasing goods means increasing in assets results in debit in purchase account, and cash is decreasing so it ll be credited.
________*___________________________
Answered by
1
Purchases a c Dr.
To cash a c
sukhpreetkatrai:
Plzzz mark it as brainlist
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